May 13, 2022 09:00 ET | Source: Future Market Insights Global and Consulting Pvt. Ltd. Future Market Insights Global and Consulting Pvt. Ltd.
Valley Cottage, New York, UNITED STATES
NEWARK, Del, May 13, 2022 (GLOBE NEWSWIRE) -- The stretch sleeve labels are the specific type of ready-to-use labels which are applied to the containers without the use of any adhesives. These stretch sleeve labels are made from different plastic materials based on their requirements such as polythene terephthalate glycol (PETG), and others.
These labels have wide applications in various industries such as food, beverage, pharmaceuticals, personal care & cosmetics, homecare, and others. Stretch sleeve labels are cost-effective as it doesn’t require any adhesive to apply to the containers. Also, the stretch sleeve labels offer the benefit as it can be applied to the entire container which gains traction among the end use industries.
Moreover, rising regulatory requirement for labelling propels the demand for stretch sleeve labels, especially in the food, beverage, pharmaceuticals, personal care & cosmetics, and other industries. Advancement in technology and development of the latest stretch sleeve labels applicator creates a growth opportunity for the stretch sleeve labels market during the forecast period.
Rising production of various products and the development of new products augment the sales of stretch sleeve labels in the industry. The stretch sleeve labels can be applied to any container with different shapes which adds to the benefits of the stretch sleeve labels.
Key Takeaways from Stretch Sleeve Labels Market
“Innovations in stretch sleeve labels market are going to transform the industry in terms of sustainability and several breakthroughs are already in the market that can be leveraged.” –says FMI Analyst
Get Sample of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-14693
Rising Consumption of Carbonated and Non-Carbonated Drinks to Boost Stretch Sleeve Labels Market
Shrink sleeve labels are used in the beverage industry on a daily basis for labelling bottles of different shapes and sizes. The demand for a variety of carbonated and non-carbonated drinks has witnessed a sharp rise in the last couple of years.
Growing consumption of non-carbonated and carbonated drinks is due to the increasing millennials in developing countries along with the increasing disposable incomes of consumers. Furthermore, changing preference toward a healthier lifestyle contributes to the massive demand for non-carbonated drinks such as juices, flavored water, and coconut water.
Growth in the demand for such types of drinks, especially for non-carbonated drinks, ultimately creates considerable demand for shrink sleeve labels for labelling bottles on large scale.
Stretch Sleeve Labels Market Landscape
CCL Industries Inc., Huhtamaki Oyj, Klöckner Pentaplast Europe GmbH & Co. KG, Pregis LLC, Atlantic Packaging, and Multi-Color Corporation are some of the key players operating in the stretch sleeve labels market. Walle Corporation, OTK GROUP, a.s., Alupol SA, and Berkshire Labels Limited are also the noticeable players in the stretch sleeve labels market. The tier 1 players in the stretch sleeve labels market hold around 15-20% of the global market share.
Stretch Sleeve Labels Market by Category By Material Type:
Request Customization of the report @ https://www.futuremarketinsights.com/customization-available/rep-gb-14693
Table of Content 1. Executive Summary
3.4. Key Industry Perspective: What Industry Leaders are saying?
4. Global Stretch Sleeve Labels Market Analysis 2015-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (Sq.mtrs.) Analysis, 2015-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (Sq.mtrs.) Projections, 2022-2032
5. Global Stretch Sleeve Labels Market Analysis 2015-2021 and Forecast 2022-2032, By Material Type
5.2. Historical Market Size Value (US$ Mn) & Volume (Sq.mtrs.) Analysis by Material Type, 2015-2021
5.3. Current and Future Market Size Value (US$ Mn) & Volume (Sq.mtrs.) Analysis and Forecast by Material Type, 2022-2032
Get Discount on the Report @ https://www.futuremarketinsights.com/request-discount/rep-gb-14693
Have a Look at Related Research Reports:
Leno Bags Market : The global demand for the food industry is showcasing an upward trend with agricultural products being high in consumption demand across North America and APEJ market.
Gift Packaging Market : Gifting is regarded as a way of expressing appreciation or gratitude. The culture of gift exchange has been evolving over the decades.
Direct to Garment Printing Market : The developments in the fashion industry have driven the demand for the garment design and printing industry.
Mobile Cases and Covers Market : The global mobile cases and covers market is expected to reach US$ 32.3 Bn by the year 2029 at a CAGR of 5.6% between 2022 and 2029.
Jewelry Boxes Market : The jewellery market is witnessing a magnificent growth over the past few years that in turn escalates the sales of jewellery boxes during the forecast period.
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact: Future Market Insights Inc. Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, USA T: +1-845-579-5705 For Sales Enquiries: sales@futuremarketinsights.com Website: https://www.futuremarketinsights.com Report: https://www.futuremarketinsights.com/reports/stretch-sleeve-labels-market LinkedIn| Twitter| Blogs